David S. Gordon - Commercial Real Estate Lawyer in NJ
New Jersey, 1971
New Jersey Supreme Court, 1971
U.S. District Court for the District of New Jersey, 1971
United States Third Circuit Court of Appeals, 1973
J.D., Columbia University School of Law, 1971
Harlan Fiske Stone Scholar
B.A., Bucknell University, 1967
Mr. David Gordon is a Shareholder in the Commercial Real Estate and Land Use/Environmental groups at Wilentz, Goldman & Spitzer P.A. He represents developers, owners, users and other clients in all aspects of complex real estate transactions, with an emphasis on land acquisition and disposition, development approvals, redevelopment, construction contracts and the structuring of business entities. With regard to his financing practice, Mr. Gordon focuses on construction, interim and permanent mortgage financing, mezzanine financing and equity participation. He also represents landlords and tenants in leasing transactions, including commercial, industrial and retail transactions.
Mr. Gordon has been consistently ranked by Chambers USA since 2004 and has been distinguished with a Band 1 ranking since 2012. He has been selected for inclusion in New Jersey Best Lawyers® list since 2006 and New Jersey Super Lawyers® list since 2005 (Top 100, 2005-2018; Top 10, 2009).
Chambers is published by Chambers and Partners. Best Lawyers is published by Best Lawyers in partnership with U.S. News & World Report. Super Lawyers is published by Thomson Reuters. A description of their selection process can be found in the respective links above. The aforementioned organizations are private peer review organizations, not court specific public certification vehicles. No aspect of this advertisement has been submitted to or approved by the Supreme Court of New Jersey.
A former adjunct professor at Rutgers Law School of advanced real estate transactions, Mr. Gordon has lectured for a variety of groups including the American College of Real Estate Lawyers, the New Jersey Institute for Continuing Legal Education, the International Council of Shopping Centers (US and Canada), the New Jersey chapter of NAIOP, the New Jersey Mortgage Bankers Association, the American Banking Institute, the New Jersey Title Insurance Institute and Lorman Business Services. He is a co-contributing editor of the leasing chapter of Commercial Real Estate Transactions in New Jersey, published by the New Jersey Institute for Continuing Legal Education, and co-author of New Jersey Real Estate Forms, published by LexisNexis Law Publishing. In addition, he is the original contributing editor for New Jersey to State-by-State Guide to Commercial Real Estate Leases, published by Wolters Kluwer Law & Business (2013-2016).
- A subtenant in the negotiation of a sublease for 600,000 square feet in a 1.1 million square foot newly constructed office tower on the “Gold Coast” in Jersey City
- A landowner/redeveloper in sale and redevelopment of brownfields industrial site to public improvement authority, including ground lease, redevelopment agreement, general construction contract for $34.6 million multi-purpose entertainment facility (arena) and issues involved in related public financing
- An owner/developer of 300-acre 18 hole private golf course including land acquisition, land use development and environmental approvals, construction contract for $5 million clubhouse and membership-related issues
- Several affiliated entities of Frank A. Greek & Son, Inc. in over 9.5 million square feet of industrial leases
- A purchaser of aging traditional, enclosed regional shopping mall with national retailer pad owner, and negotiation for de-malling of facility for conversion to a big box power center, including negotiation of ground leases with three national big box retailers
- A redeveloper of a three-building urban redevelopment project in Perth Amboy comprised of a 535 vehicle multi-level parking deck and 249 units of lower and moderate income rental apartment units and approximately 60,000 square feet of ground level commercial/retail space. The project involved ground and air rights leases, numerous cross-easements and operating covenants, equity investment by a syndication of approximately $51,000,000.00 of investment tax credits, approximately $65,000,000.00 of construction financing, three permanent loans from the New Jersey Housing Mortgage Finance Agency (residential project - $13,200,000.00) and a direct investment loan by Bally’s Park Place, Inc. through the Casino Reinvestment Development Authority ($11,000,000.00-commercial project).
- A seller of 10-property, 1.4 million square foot, 15-building portfolio to a privately owned real estate investment trust; included work obtaining environmental approvals
- Sellers of 5-property, 1.1 million square foot, 7-building portfolio to a privately owned real estate investment trust; included work obtaining environmental approvals
- Borrowers in $91 million composite real estate finance facility involving a 10-year flexible credit facility providing for LIBOR-based and commercial paper financing
- A seller of multi-location supermarket facilities including subleases and leaseback arrangements
- A tenant in leasing of single user office building for national headquarters facility and leasing of temporary operations space for use during relocation
- Three separate pharmaceutical company tenants for office, manufacturing and laboratory facilities in New Jersey, Massachusetts and North Carolina
- A minor league hockey franchise in negotiation of license agreement for use of multi-purpose arena as “anchor” licensee
- Approximately 19 general partnerships in roll-up merger into 5 new limited liability companies, including related environmental approvals
- A borrower in restructuring of a $90 million secured credit facility involving multiple properties, turnover of several properties to the lender, and additional working capital credit facility, for capital improvements to retained properties
- A lender in the workout of a default by the owner/operator of a national flag hotel and office facility under a multi-million dollar refinancing and future development credit facility
- American College of Real Estate Lawyers (ACREL)
ACREL Member (1990-present)
Leasing and the Insurance Committees (2011-present)
Board of Governors (2005-2010)
Chairman of Leasing Committee (2002-2003)
Chairman of Membership Development Committee (2003-2006)
- Commercial Real Estate Development Association, New Jersey Chapter (NJ-NAIOP)
Co-Chair of Legal Action Committee (2011-present)
Co-Chair of Legislative Committee (2008-2010)
- Georgetown University Law Center Advanced Commercial Leasing Institute
- New Jersey Institute for Continuing Legal Education
Area of Emphasis:
- Insurance: What You Don’t Know Can Definitely Hurt You!
- Risk Allocation and Insurance in Real Estate Transactions - An Overview Regarding Sometimes Incompatible Bedfellows
- The Jolly Green Giant is Here to Stay - Leasing Sustainable Buildings
- The King is Dead, Long Live the King: The long awaited demise of the time of decision rule